Those are the current limits they are operating under before financial verification is required. Considering Austrac does not look at single bank deposits below 10k, it is probably a reasonable number to prevent money laundering. If those limits are kept then the transition to cashless should result in minimal revenue loss from where the business is currently. Only the costs of the transition. Considering the Sydney business is basically break even in terms of profitability despite the hotel and restaurants it runs I would say that keeping the 5k limit is necessary to keep the business break even.
- Forums
- ASX - By Stock
- STAR Members can fund their play with a maximum of $5,000 cash per day!
Those are the current limits they are operating under before...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
25.0¢ |
Change
-0.200(44.4%) |
Mkt cap ! $717.1M |
Open | High | Low | Value | Volume |
25.0¢ | 30.0¢ | 20.5¢ | $77.15M | 313.1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1237300 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 54106 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1057300 | 0.250 |
18 | 598454 | 0.245 |
78 | 3602199 | 0.240 |
31 | 1334213 | 0.235 |
64 | 5069739 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 36039 | 1 |
0.270 | 91226 | 2 |
0.275 | 90000 | 2 |
0.280 | 878122 | 7 |
0.285 | 100000 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
SGR (ASX) Chart |